Banks

Recently, the Central Bank of Nigeria (CBN) has directed banks to pay redesigned naira notes over the counter. This was contend in its statement signed by the CBN Director, Corporate Communications, Osita Nwanisobi, said: “The…

Commercial banks in Nigeria will still accept old naira notes from customers after the February 10 deadline, the governor of the Central Bank of Nigeria, Godwin Emefiele, told the House of Representatives on Tuesday. Emefiele stated this…

Commercial banks in Ekiti have begun to issue new naira notes to customers. Automated Teller Machines of the banks are now also stocked with the new notes, a situation that excites the people of the state. There has been an outcry…

The Central Bank of Nigeria has instructed commercial banks in the country to work on Saturdays till January 31, 2023, to enable customers return existing naira notes. The CBN had announced plans to redesign the N200, N500, and N1,000…